ESCAP SNAPSHOTS
Snapshot No. S/01/2001
19 April 2001

A series of interesting facts emerging from UN ESCAP's 57th Commission Session Bangkok, April 19--25th

Prudence and Public Debt

Bangkok, United Nations Information Services (UNIS) -- “The principal policy challenge confronting the region as a whole is to maintain the momentum of growth in 2001 and beyond in the face of potential unfavourable developments in the external environment.  Slower GDP growth would add to the public debt, and possibly constrain vital social expenditures.  Maintaining the momentum of growth within a framework of macroeconomic prudence requires action in a number of areas at the national or sub-regional levels.”

Economic and Social Survey of Asia and the Pacific 2001
UN ESCAP